Stock index DAX 30 is trading at the level of 12690.4. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 12680.0, from which it is expected to try to increase the quotations of the Stock index DAX 30 near the level of 12900.0.
Technical analysis & forecast DAX 30 on May 24, 2017
Earlier, a weak signal was received for the sale of the DAX 30 exchange index, due to crossing of the signal lines at the level of 12674.0. The cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 12550.0, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of the Stock index DAX 30 with the breakdown of the local maximum area at the level of 12850.0.
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